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Paychex

1,214 hedge funds and large institutions have $23.5B invested in Paychex in 2020 Q4 according to their latest regulatory filings, with 162 funds opening new positions, 434 increasing their positions, 427 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

277% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 43

66% more call options, than puts

Call options by funds: $215M | Put options by funds: $130M

15% more capital invested

Capital invested by funds: $20.4B → $23.5B (+$3.1B)

10% more funds holding

Funds holding: 1,1081,214 (+106)

2% more repeat investments, than reductions

Existing positions increased: 434 | Existing positions reduced: 427

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

0.81% less ownership

Funds ownership: 71.24%70.43% (-0.81%)

Holders
1,214
Holders Change
+106
Holders Change %
+9.57%
% of All Funds
21.48%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.32%
New
162
Increased
434
Reduced
427
Closed
43
Calls
$215M
Puts
$130M
Net Calls
+$85.5M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
HH
701
Hilltop Holdings
Texas
$641K +$6.3K +71 +1%
FNBT
702
FineMark National Bank & Trust
Florida
$637K -$22.4K -252 -4%
TC
703
TwinBeech Capital
New York
$637K +$607K +6,836 New
CII
704
Capital International Inc
California
$633K -$31.2K -351 -5%
AWM
705
Aevitas Wealth Management
Massachusetts
$633K +$888 +10 +0.1%
RG
706
Rathbones Group
United Kingdom
$625K
MMPW
707
Mitchell McLeod Pugh & Williams
Alabama
$620K
Lazard Asset Management
708
Lazard Asset Management
New York
$620K +$178K +2,003 +43%
PP
709
Patten & Patten
Tennessee
$609K
FF
710
FourThought Financial
Florida
$608K +$580K +6,532 New
QP
711
Quilter Plc
United Kingdom
$607K -$42.7K -481 -7%
BS
712
Boenning & Scattergood
Pennsylvania
$604K
GAAM
713
Guinness Atkinson Asset Management
California
$604K
CPC
714
Cookson Peirce & Co
Pennsylvania
$599K +$571K +6,427 New
LS
715
Livforsakringsbolaget Skandia
Sweden
$596K +$266K +3,000 +88%
HWMG
716
Hurlow Wealth Management Group
Indiana
$595K
TW
717
Transform Wealth
Colorado
$588K -$62.3K -702 -10%
DADC
718
D.A. Davidson & Co
Montana
$588K +$80.1K +902 +17%
SWA
719
SFMG Wealth Advisors
Texas
$586K +$4.17K +47 +0.8%
Holocene Advisors
720
Holocene Advisors
New York
$579K +$551K +6,209 New
BCV
721
Banque Cantonale Vaudoise
Switzerland
$577K +$2.49K +28 +0.5%
IF
722
Intrua Financial
Texas
$577K +$16.1K +181 +3%
SRIM
723
Saratoga Research & Investment Management
California
$576K -$6.48K -73 -1%
DCM
724
Dupont Capital Management
Delaware
$573K -$591K -6,658 -52%
TPWA
725
TRUE Private Wealth Advisors
Oregon
$573K -$26.3K -296 -5%

PAYX Hedge Fund Activity: Q4 2020 in Review

1,214 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2020, worth a combined $23.5B — up 15% from $20.4B a quarter earlier.

Buyers outnumbered sellers: 162 funds opened new PAYX positions and 43 closed out — a net gain of 119 holders — while 434 added to existing stakes and 427 trimmed.

The largest buyer was Select Equity Group, adding an estimated $159M. The largest seller was Norges Bank, cutting an estimated $102M.

  • 1,214 institutional investors held Paychex (PAYX) as of Q4 2020, up from 1,108 in Q3 2020.
  • Funds reported $23.5B of Paychex stock for Q4 2020, up 15% quarter-over-quarter.
  • 162 funds opened new Paychex positions in Q4 2020 and 43 closed out, a net change of +119 holders.
  • The largest Paychex buyer in Q4 2020 was Select Equity Group, an estimated $159M added.
  • The largest Paychex seller in Q4 2020 was Norges Bank, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2020.